it is found that Mr. Prakash had neither disclosed the appointment of his brother through M/s Ibay Capital before the CoC nor made relationship disclosure of engagement of M/s Ibay Capital on the website of the IPA. Further, the valuation report was submitted by M/s iVas Partners whose appointment or fee was not approved/ratified by […]
Order for Penalty of Rs. 4.50 lakh under Section 454 for violation of Section 134 of the Companies Act, 2013 read with the Companies (Adjudication of Penalties) Rules, 2014
Sub-section (8) provides that if a company is in default in complying with the provisions of this section, the company shall be liable to a penalty of three lakh rupees and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees.
Company is using its letter heads which contains CIN as listed even after becoming delisted w.e.f. 21.12.2018 from both stock exchange (NSE & BSE) which shows that company has made violation of Section 12(3)(c) of Companies Act, 2013.
Transfer/postings of 141 officers in the grade of Deputy Commissioner/Assistant Commissioner of Income Tax (DCIT/ACIT) vide Office Order No. 213 of 2022 | Dated: 30th September, 2022. F.No.A.22013/1/2022-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Office Order No. 213 of 2022 | […]
Office Order No.212 of 2022 Transfer/postings of 343 officers in the grade of Commissioners of Income Tax/Directors of Income Tax (CIT/DIT) F.No. A-22011/5/2022-Ad-VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Office Order No. 212 of 2022 | Dated: 30.09.2022 The following transfer/postings […]
Every Central Government pensioner has to submit Annual Life Certificate in the month of November for further continuation of pension. It has been observed that a large number of Central Government pensioners physically visit bank branches for this purpose.
National Small Savings Fund (NSSF) will charge interest at the rate of 7.3% per annum on the loans contracted by Central Government and States/UTs (with Legislature) during the Financial Year 2022-23.
Revision of interest rates for Small Savings Schemes for Q3 of 2022-23 (i.e. from 1st October, 2022 to 31st December, 2022) Interest rates of small saving schemes for the Third quarter of financial year 2022-23 starting from 1st October, 2022 and ending on 31st December, 2022. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi […]
A bare perusal of the provisions of Valuer Rules makes its apparent that there is no such specific bar on Directors from discharging operational duties and especially when they are facing financial constraints.
